) The Australian unemployment rate was estimated to be 7.5% in July 2020. Use this value estimate the change in the inflation rate for quarter 3 of 2020 using the modified Phillips curve.

Some sources say that unemployment would reach about 13% at least by Christmas. Suggest what policy measure the RBA should implement if unemployment continues to increase. What are the other factors that need to be taken into account when implementing the policy you recommend, and what are its limitations?